A cut of at least 700,000 barrels per day was needed to balance the market in the first quarter of 2017 The Organization of the Petroleum Exporting Countries is moving closer to finalizing its first deal since 2008 to limit output, with most members prepared to offer Iran flexibility on production volumes, ministers and sources said. Iran has been the main stumbling block for capping production, and while it has not yet responded ...
EUR/USD continued its deep dive and hit new lows as the dollar rally continued and euro-zone data was mixed. Another public appearance from Draghi and fresh PMIs stand out now. Here is an outlook for the highlights of this week Draghi talks: Monday, 16:00. The President of the ECB may hint about the highly anticipated December meeting of the Bank.Consumer Confidence: Tuesday, 15:00.Flash PMIs: Wednesday: 8:00 for France, 8:30 for ...
The US dollar continued marching forward, accompanied by clear hints of a rate hike. US Durable Goods Orders, UK GDP and the all-important FOMC Meeting Minutes stand out in the week of Thanksgiving. These are the major events on forex calendar. Mario Draghi speaks: Monday, 16:00. ECB President Mario Draghi will testify before the European Parliament, in Strasbourg. The ECB has not been clear ...
GDP data from Japan and Germany, Mario Draghi’s speech, Inflation figure from the UK and the US, Employment data from the UK, Australia and the US, US Building Permits, Philly Fed Manufacturing Index and Janet Yellen’s testimony before the Joint Economic Committee. These are the major events on forex calendar. Japan GDP data: Sunday, 23:50. Japan’s growth in the third quarter is expected to remain at 0.2%.Mario Draghi speaks: Monday, ...
EUR/USD had a volatile week around the US elections and eventually closed lower. Speeches by Draghi, inflation, and GDP data stand. Will the euro continue lower?. Here is an outlook for the highlights of this week. Industrial Production: Monday, 10:00. A drop of 0.9% is on the cards now.Mario Draghi talks: Monday, 15:00. The President of the European Central Bank will speak in Rome, in his home country of Italy. Any comments about ...
Recent Visitors
Archive
Go to Profile
Mark as Read